Probably not, if your homeowner's policy already covers other structures. Most people are covered under their existing policy without any additional premium. However, if you're using the building for a home business, storing high-value inventory, or finishing it out as a living space, your standard coverage might not be enough.
Talk to your agent. Explain what the building is for and what's inside it. They'll tell you whether your current policy covers it or if a rider or adjustment makes sense.
